NORBECO AS

0374 OSLO

Finances

Share Ownership

Return on Equity

−176,34 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020
Revenue	1 835 000	1 870 000	354 000
Net Income	−2 952 000	−1 932 000	−2 068 000
Total Assets	2 316 000	1 415 000	2 911 000
Total Equity	1 674 000	625 000	2 558 000

Income (NOK)	2022	2021	2020
Revenue	1 835 000	1 870 000	354 000
Expenditure	5 614 000	4 347 000	2 998 000
Operating Profit	−3 780 000	−2 476 000	−2 645 000
Financial Income	0	0	0
Financial Costs	4 000	0	0
Financial Balance	−4 000	0	0
Earnings Before Tax	−3 783 000	−2 476 000	−2 645 000
Tax	−832 000	−544 000	−577 000
Net Income	−2 952 000	−1 932 000	−2 068 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 963 000	1 135 000	596 000
Total Current Assets	353 000	279 000	2 315 000
Total Assets	2 316 000	1 415 000	2 911 000
Total Retained Equity	−6 952 000	−4 000 000	−2 068 000
Total Equity	1 674 000	625 000	2 558 000
Total Long-Term Debt	300 000	0	0
Total Current Debt	342 000	789 000	353 000
Total Equity and Debt	2 316 000	1 415 000	2 911 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 835 000	1 287 000	204 000
Other Income	0	583 000	150 000
Revenue	1 835 000	1 870 000	354 000
Cost of Goods Sold	1 471 000	697 000	2 000
Salary Costs	2 202 000	2 178 000	1 070 000
Depreciation	4 000	4 000	2 000
Impairment	0	0	0
Expenditure	5 614 000	4 347 000	2 998 000
Operating Profit	−3 780 000	−2 476 000	−2 645 000
Financial Income	0	0	0
Financial Costs	4 000	0	0
Financial Balance	−4 000	0	0
Dividends	0	0	0
Net Income	−2 952 000	−1 932 000	−2 068 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 953 000	1 121 000	577 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	11 000	15 000	19 000
Total Tangible Assets	11 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 963 000	1 135 000	596 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	271 000	263 000	2 059 000
Total Current Assets	353 000	279 000	2 315 000
Total Assets	2 316 000	1 415 000	2 911 000
Total Equity	1 674 000	625 000	2 558 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	300 000	0	0
Creditors	10 000	75 000	86 000
Unpaid Taxes	154 000	255 000	184 000
Dividends	0	0	0
Other Current Debt	177 000	459 000	83 000
Total Current Debt	342 000	789 000	353 000
Total Equity and Debt	2 316 000	1 415 000	2 911 000

Financial indicators	2022	2021	2020
Return on Equity	−176,34 %	−309,12 %	−80,84 %
Debt-to-Equity Ratio	0,18	0	0
Operating Profit Margin	−205,99 %	−132,41 %	−747,18 %
Current Ratio	1,03	0,35	6,56
Quick Ratio	1,03	0,35	6,56
Equity Ratio	0,72	0,44	0,88
Gross Profit Margin	19,84 %	62,73 %	99,44 %